International Economic Policy
ISSN 1812-0660
Modern Practices of Implementing Methods of de-shadowing national economies
DOI:
10.33111/iep.eng.2023.38.06
Анотація:
Abstract: The paper comprehensively examines the essence and factors of the shadow economy with the identification of such key reasons as political, socio-economic, legal and moral and ethical. The specifics of regional and local incentives for the development of the shadow economy in industrialized countries, as well as in the countries of Eastern and Central Europe, are analysed. The main methods of identifying the impact and analysing the size of the shadow economy (direct, indirect methods and models) are characterized and it is noted that for a complete and comprehensive assessment of the scale of shadowing of the national economy, the entire set of these methods should be used. The main approaches with possible methods and measures for transforming the shadow sector into the official one, namely, strengthening various types of punishment and, in turn, stimulating voluntary exit from the shadow, which are implemented as a kind of combination of incentive and punitive measures, are investigated. The leaders with the highest level of shadow economy among the EU countries and the best practices of implementing de-shadowing methods are identified. The key mechanisms, methods, principles and tools of state regulation for de shadowing the economy of world leaders, namely in such countries as Denmark, Italy, the Netherlands, the United States, Austria, Latvia, Germany, France and others, are identified and outlined. The transformation processes that are intensifying in the world economy in the context of global financial, social, and security instability are transforming the international business environment, but at the same time they are also triggering the strengthening of the role of global communications, as they promote transparency and openness of data, accessibility of information, and also increase the importance of educational communication tools that form the tax morality of citizens and are key in the world practice of economic de-shadowing. The key vectors of combating the shadowing of the national economy are outlined, since de-shadowing is urgently needed for Ukraine. By applying the best international practices, it will not only help improve the economic situation of our country, but also help ensure compliance with European standards and requirements, which are crucial for successful integration into the European Union.
Ключові слова:
Key words: shadow economy, de-shadowing of the economy, methods of de-shadowing, global communications, digitalization
УДК: 339.9
UDC: 339.9
To cite paper
In APA style
Ishchenko, A., & Voloshenko, K. (2023). Modern Practices of Implementing Methods of de-shadowing national economies. International Economic Policy, 1 (38), 115-139. http://doi.org/10.33111/iep.eng.2023.38.06
In MON style
Іщенко А.В., Волошенко К.В. Modern Practices of Implementing Methods of de-shadowing national economies. Міжнародна економічна політика. 2023. № 1(38). С. 115-139. http://doi.org/10.33111/iep.eng.2023.38.06 (дата звернення: 05.12.2024).
With transliteration
Ishchenko, A., Voloshenko, K. (2023) Modern Practices of Implementing Methods of de-shadowing national economies. International Economic Policy, no. 1(38). pp. 115-139. http://doi.org/10.33111/iep.eng.2023.38.06 (accessed 05 Dec 2024).
# 1(38) / 2023
Download Paper
13
Views
4
Downloads
0
Cited by
- Diachenko O.P. Zarubizhnyi dosvid shchodo derzhavnykh mekhanizmiv detinizatsii ekonomiky krain Yevropeiskoho Soiuzu / O.P. Diachenko // Derzhavne upravlinnia, 2017, № 3(59). URL: http://pa.stateandregions.zp.ua/ archive/3_2017/12.pdf [In Ukrainian].
- Doslidzhennia tinovoi ekonomiky v Ukraini // Natsionalnyi Bank Ukrainy. – 2020. URL: https://bank.gov.ua/ua/news/all/doslidjennya-tinovoyi-ekonomiki-vukrayini--mayje-chvert-vvp--abo-846-mlrd-griven--perebuvaye-v-tini [In Ukrainian].
- Zahalni tendentsii tinovoi ekonomiky v Ukraini u 2021 rotsi // Departament stratehichnoho planuvannia ta makroekonomichnoho prohnozuvannia. URL: https://me.gov.ua/Documents/List?lang=uk-UA&id=e384c5a7-6533-4ab6-b56f50e5243eb15a&tag=TendentsiiTinovoiEkonomiki [In Ukrainian].
- Krashchi praktyky vprovadzhennia elektronnoho uriaduvannia: zarubizhnyi dosvid. Metodychni materialy do navchalnoi dystsypliny: “Teoretyko-metodolohichni, orhanizatsiini ta instytutsiini osnovy elektronnoho uriaduvannia” / avt. kol.: K. Synytskyi, Ya. Oliinyk, M. Mikhalova ta in.; za zah. red. d.n.derzh.upr., prof. S.A. Chukut, k.n.derzh.upr. O.V. Zahvoiskoi. – K., 2010. – 166 s. URL: https://ktpu.kpi.ua/wp-content/uploads/2016/02/Krashhi-praktikivprovadzhennya-elektronnogo-uryaduvannya_zarubizhnij-dosvid.pdf [In Ukrainian].
- Nahrebelnyi V. P. Tinova ekonomika / V. P. Nahrebelnyi, V. M. Popovych // Yuryd. entsykl.: u 6 t. / redkol. : Yu. S. Shemshuchenko (holova redkol.) ta in. K., 1998. T. 6. S. 74–76. [In Ukrainian].
- Pirnykoza P. V. Teoretychna sutnist ekonomichnoi katehorii "detinizatsiia ekonomiky" / P. V. Pirnykoza // Ekonomichnyi analiz. – 2017. – T. 27, № 4. – S. 65-74. URL: http://nbuv.gov.ua/UJRN/ecan_2017_27%284%29__10 [In Ukrainian].
- Spetsializovani instytutsii z borotby proty koruptsii: ohliad modelei // Orhanizatsiia ekonomichnoho spivrobitnytstva i rozvytku. – 2007. URL: https://www.oecd.org/corruption/acn/39972270.pdf [In Ukrainian].
- Tinova ekonomika v Ukraini: stan, tendentsii, shliakhy podolannia : analitynyi ohliad / [uporiad.: S. S. Cherniavskyi, V. A. Nekrasov, A. V. Tytko ta in.]. – Kyiv : Nats. akad. vnutr. sprav, 2017. S. 11 [In Ukrainian].
- Turchynov O. V. Tinova ekonomika: teoretychni osnovy doslidzhennia / O. V. Turchynov. K.: ArtEK. 1995. S. 32. [In Ukrainian].
- Finansy tinovoho sektoru. Vplyv tinovoho sektoru na sotsialno-ekonomichnyi rozvytok Ukrainy. URL: http://kaf-fin.wunu.edu.ua/wp-content/uploads/2021/ 03/%D0%A4%D1%96%D0%BD%D0%B0%D0%BD%D1%81%D0%B8-%D1%82%D1% 96%D0%BD%D1%8C%D0%BE%D0%B2%D0%BE%D0%B3%D0%BE-%D1%81%D0% B5%D0%BA%D1%82%D0%BE%D1%80%D1%83.pdf [In Ukrainian].
- Bundesgesetzblatt Für Die Republik Österreich. Bundesgesetz: Sozialbetrugsgesetz-SozBeG, (NR: GP XXII RV 698 AB 743 S. 90. BR: 7163 AB 7169 S. 717.), 2004 Social Fraud Bill. URL: https://www.ris.bka.gv.at/ Dokumente/BgblAuth/BGBLA_2004_I_152/BGBLA_2004_I_152.html
- Denmark – National Reform Programme 2023. European Commission. 2022. URL: https://ec.europa.eu/info/sites/default/files/denmarks_national_reform_ programme_2022_en.pdf
- Dreher A., F. Schneider. Corruption and the shadow economy: an empirical analysis. 2006. URL: https://docs.iza.org/dp1936.pdf
- Enste D. H. The shadow economy in industrial countries. IZA World of Labor 2015: 127. 2015. DOI: 10.15185/izawol.127 https://wol.iza.org/uploads/ articles/127/pdfs/shadow-economy-in-industrial-countries.pdf.
- Feige E. How Big is the Irregular Economy? Challenge, 1979.
- Gutmann, P.M. The Subterranean Economy, Financial Analysts Journal, 33:6, 26-27, 1977. DOI: 10.2469/faj.v33.n6.26 URL: https://www.tandfonline.com /doi/abs/10.2469/faj.v33.n6.26
- International Labour Organization. Labour inspection in Europe: undeclared work, migration, trafficking. 2010. URL: https://www.ilo.org/wcmsp5/groups/ public/---ed_dialogue/---lab_admin/documents/publication/wcms_120319.pdf.
- Italy’s recovery and resilience plan. 2023. European Commission. URL: https://commission.europa.eu/business-economy-euro/economic-recovery/ recovery-and-resilience-facility/italys-recovery-and-resilience-plan_en#digital-transition
- Lomsadze D.G. METHODOLOGY OF SHADOW ECONOMY STUDIES 2020 C. 7-10
- Reform Support. Awareness campaign strategy to reduce the shadow economy in Lithuania. European Commission. URL: https://reformsupport.ec.europa.eu/what-we-do/revenue-administration-and-public-financialmanagement/awareness-campaign-strategy-reduce-shadow-economy-lithuania_en
- Schneider, F. Shadow economies and corruption all over the world: New estimates for 145 countries. Economics: The Open-Access, Open-Assessment EJournal 1 (2007): 1–66.
- Schneider F., Enste D. Hiding in the Shadows. The Growth of the Underground Economy. International Monetary Fund, 2002. URL: https://www.imf.org/external/pubs/ft/issues/issues30/#:~:text=the%20offic ial%20economy.,What%20Is%20the%20Shadow%20Economy%3F,from%20monetary %20or%20barter%20transactions
- Schneider F., Enste D. Shadow Economies: Size, Causes, and Consequences. The Journal of Economic Literature, 2000, 38/1, pp 77–114.
- Schneider F., Enste D. Taxation of the Informal Economy in the EU. European Union, 2022, IPOL | Policy Department for Economic, Scientific and Quality of Life Policies, PE 734.007 URL: https://www.europarl.europa.eu/ RegData/etudes/STUD/2022/734007/IPOL_STU(2022)734007_EN.pdf
- Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?, WP/18/17, January 2018, С. 4
- Shadow Economy. Ministry of Finance Republic of Latvia. 2020. URL: https://www.fm.gov.lv/en/shadoweconomy?utm_source=https%3A%2F%2Fwww.google.com%2F
- Simon C.P., A.D. Witte, K. Eakin, A. Ziegart. Underground Economy – Estimate of Size, Trends and Structure Executive Summary. URL: https://www.ojp.gov/ncjrs/virtual-library/abstracts/underground-economyestimate-size-trends-and-structure-executive
- Tackling the shadow economy Latvia. Ministry of Finance. URL: https://ec.europa.eu/social/ajax/BlobServlet?docId=17975&langId=en
- Tanzi V., Uses and Abuses of Estimates of the Underground Economy, The Economic Journal, Volume 109, Issue 456, 1 June 1999, Pages 338–347, https://doi.org/10.1111/1468-0297.00437. URL: https://academic.oup.com/ ej/article-abstract/109/456/338/5128722?redirectedFrom=fulltext.